Stubborn inflation could hold back UK growth warns IMF July 16, 2024 In its latest World Economic Outlook, the global fiscal watchdog forecast that the UK would grow 0.7 per cent in 2024, unchanged on its last projection in May.
UK receives raft of upgrades after beating expectations again July 14, 2024 Figures out last week showed that the economy grew 0.4 per cent after stagnating in April. This was double the rate of growth expected by experts.
Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK July 12, 2024 Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.
Economy back on track as GDP beats expectations in May July 11, 2024 Labour has said generating economic growth will be a "national mission".
Business confidence edges higher but investment remains a ‘concern’ July 8, 2024 58 per cent of firms expect to see an increase in turnover over the next year compared with 56 per cent in the first quarter.
US inflation back in focus for markets as traders back September rate cut July 7, 2024 Prices are expected to increase just 0.1 per cent in June, which would bring the annual rate of inflation down to 3.1 per cent.
What a Labour landslide means for the UK economy July 5, 2024 Generating meaningful economic growth will be the defining mission for Keir Starmer's new Labour government, but how will he go about it?
Do elections matter for the economy? July 3, 2024 "So much of what Britain has been through in the past 14 years is explained by a Conservative failure to face the future. Only Labour can turn the page," their manifesto says.
UK economy ‘not as bad as is often assumed’ July 3, 2024 Although the UK slipped into a shallow recession at the end of last year, the economy outperformed expectations in the first quarter of the year, growing 0.7 per cent. This made it the fastest growing economy in the G7.
Election uncertainty knocks activity in service sector July 3, 2024 Despite the fall, June's final PMI was higher than the 51.2 recorded in the initial 'flash' estimate